Of the 140 people recently promoted to managing director at Morgan Stanley, 11 are based in Hong Kong or Singapore.
Among the new MDs are Deyi Tan – the Singapore-based head of Asean, Korea and Taiwan economics – and the Hong Kong-based bankers Jimmy Huang, head of Taiwan sales, William Tsang, head of Asia portfolio risk trading, and Andy Wu, head of Asia Pacific healthcare.
The others have all posted online public profile that help reveal how they got to MD. Here’s a summary:
Carrie Chen, China coverage, Hong Kong
Chen is responsible for client coverage and deal origination in the China investment banking team, according to her online profile. She began her career in 2004 as an analyst at McKinsey. She then worked at Macquarie from 2006 to June 2010, focused on China infrastructure and private equity funds. Chen was a director in the China IB teams at Bank of America Merrill Lynch and Deutsche Bank until joining Morgan Stanley in November 2014. She has a Bachelor’s Degree in Economics from Tsinghua University as well as Master’s Degrees in Economic and Financial Engineering from Washington and Columbia universities respectively.
Sok Theng Cheng, head of Southeast Asia legal, Singapore
Cheng came to Morgan Stanley in 2006 having already clocked up 11 years at leading London law firms, including Freshfields, where she specialised in corporate finance. Her current role at MS covers M&A, capital markets, sales and trading, private wealth management, strategic projects, and “internal legal, regulatory and corporate matters”. Cheng has an MA in Law from the University of Cambridge, according to her profile.
Andy Cho, COO, Asia research, Hong Kong
Choo is celebrating both his promotion and his 10-year anniversary at Morgan Stanley this month. His rise to the top of the research ranks was slightly unconventional. Choo’s University of Michigan degree was in computer science rather than finance, business or economics. When he graduated, Cho didn’t join a bank, he became a project manager at marketing company Sapient. And when Cho moved to Morgan Stanley in 2007, he took a role in technology management, not research.
Kelvin Goh, head of Singapore coverage, SEA FIG, and COO, Singapore
Goh joined Morgan Stanley three years ago to wear three ‘head of’ investment banking hats: Singapore; Southeast Asia FIG; and chief operating officer Southeast Asia. Success in these roles has now seen him promoted from ED to MD. Like an increasing number of graduates currently joining investment banks in Singapore, Goh holds a degree from a local college – a Bachelor of Engineering in Civil Engineering from the National University of Singapore. He is currently interested in joining a non-profit board, according to his profile.
Michael Hufton, head of Asia Pacific transportation, Hong Kong
Hufton joined Morgan Stanley’s transport team in London in 2006 and relocated to Hong Kong in 2013, reaching ED rank. Originally from Australia, Hufton graduated in 2000 with a commerce degree from the University of Sydney, according to the profile he has posted online. He then worked for six years at Commonwealth Bank in Sydney and London.
Stella Jaeger, head of Singapore prime brokerage, Singapore
Jaeger is an MS veteran who’s been with the bank since 1998 and has worked in its New York, Hong Kong and Singapore offices. The Long Island University graduate began her career with a two-year stint as a sales trading assistant in the Asia-emerging markets trading desk at ING Barings Securities. She is a member of the AIMA Singapore regulatory committee and the 100 Women in Hedge Funds executive committee, according to her public profile
Espen Marthinussen, head of Asia Pacific equities compliance, Hong Kong
Like Cheng, Marthinussen has also clinched a promotion from ED to MD within Morgan Stanley’s Asian middle office. He has moved up the compliance ranks in several firms since joining the London Metal Exchange as a surveillance analyst in 1999. Marthinussen did a stint as a compliance office at Morgan Stanley in London from 2002 to 2005 and at Goldman Sachs from 2005 to 2006. He landed more senior positions at Citi – most recently as London head of equities compliance – before rejoining MS in 2013 and relocating to Hong Kong.
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